Cent VISVAS Scheme



* To provide direct benefit of lower rate of interest to the eligible Self-Help Groups (SHG’s)/individual beneficiaries who have availed loans through Public Sector Banks and other financial Institutes



SHGs registered with NRLM/NULM OR NABARD having all members belonging to either SC (100%) or OBC (100%) and individual SC or OBC borrowers having annual family income less than Rs3.00 Lakh


Nature of facility

* Term Loan/Cash Credit 


Quantum of Loan

For SHGs- Max Rs4.00 Lakh

For Individuals- Max Rs2.00 Lakh






* Primary Security - Hypothecation of Assets created out of Bank Finance .
* Collateral - NIL


Interest Rate

Above Rs3.00 lakh to Rs4.00 lakh

MCLR + 1.35%
MCLR + 2.50%


Interest Subvention

5% from NBFDC/NSFDC for loan tenure upto maximum 5 years.


Processing Charges

For Production Credit-NIL

Other than Production Credit- UptoRs25,000/- : Nil .
* Above Rs25,000/- @ Rs120/- per lac or part thereof


Documentation Charges


For Production Credit-NIL

For Investment Credit –

UptoRs2 lakh- NIL

*Above Rs2 Lakh - RsRs50/Lakh Max Rs1000/-




* Cash Credit-Limit is for  5 years to be renewed every year

Term Loan- Max 5years (including moratorium of max 3 months).